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16417 Whittier Blvd 9,275 SF 100% Leased Office Building Whittier, CA 90603 $6,112,033 CAD ($658.98 CAD/SF) 5.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Infill Single-Tenant DaVita with Long Operating History and Term
  • Ideal Dialysis Location with Strong Demographics and Amenities
  • Supply Constrained Nestled on the Border of LA and OC

EXECUTIVE SUMMARY

Infill Single-Tenant DaVita with Long Operating History and Term
* Strong Tenant and Operating History | The property presents the opportunity to own a DaVita operated dialysis clinic in an extremely infill location. The building has been operating as a Dialysis center for 20+ years, and DaVita took over the operations in 2024.

* Below Market Lease and Term | With 8+ years remaining on the lease with annual increases and a rent that is 14%+ below market level, the offering provides attractive cash flow, term and upside.

* Recent Capital Improvements | Seller and Tenant have both put a considerable amount of money into the building recently with improvement projects consisting of the installation of two new HVAC units that handle patient treatment areas, new fire sprinkler system throughout the building, seismic retrofitting and exterior and rebranding.
Strong Market Fundamentals
* Supply Constrained | Nestled on the border of LA and OC, Whittier is an extremely dense, infill location with minimal new development opportunities. As of September 2025, they are no new medical, office or retail developments being built.

* Low Market Vacancy | Whittier has 8.8M SF of medical, office and retail inventory according to Costar with a current vacancy rate of the 3 product types combined at 6.3%

* LA/OC Synergies | East Whittier benefits from both growth of Greater Los Angeles as well as Orange County. The tightening of both markets will continue pushing vacancies, availabilities and rent growth for this property.

Ideal Dialysis Location with Strong Demographics and Amenities
* Main Thoroughfare Access | Positioned along Whittier Blvd, the property serves a main arterial that connects to multiple freeways, including I-605, I-710, Hwy-60, Hwy-101 and I-5. More importantly, the property is near the intersection of Whittier Blvd and Beach Blvd, providing unparalleled access to the immediate residential population.

* Great Retail Amenities | Benefiting from the border location, the project has proximity to multiple area drivers and retail amenities. Uptown Whittier, Whittwood Town Centerm Downtown Brea and Brea Mall are short commutes, along with a variety of restaurants that are along Whittier Blvd, Beach Blvd, and Imperial Hwy.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
9,275 SF
Building Class
C
Year Built
1954
Price
$6,112,033 CAD
Price Per SF
$658.98 CAD
Cap Rate
5.25%
NOI
$320,882 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,275 SF
Building FAR
0.41
Lot Size
0.52 AC
Zoning
WHC2
Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8233-009-009
Land Assessment
$1,053,883 CAD
Improvements Assessment
$381,743 CAD
Total Assessment
$1,435,627 CAD
  • Listing ID: 37984401

  • Date on Market: 2025-10-07

  • Last Updated:

  • Address: 16417 Whittier Blvd, Whittier, CA 90603

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